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Financial news from Romania
Marketing managers, best paid employees of 2006
Financial news from Romania
Friday, 29 December 2006
The heads of the marketing departments earned the biggest salaries this year, making approximately 6,000 euros per month, higher than the average salary made by financial, sales or human
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Mutual funds lose battle with BET
Financial news from Romania
Friday, 29 December 2006
Investment funds saw their average yield drop to around 8% this year, that is a little more than what a banking deposit yielded during this period. However, those investors
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Investors come up with 130 million euros for Alumil
Financial news from Romania
Tuesday, 19 December 2006
Investors on the Bucharest Stock Exchange flooded the market with buy orders worth 130 million euros in order to grab as many shares as they could in the 8.4
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SIF dividends next year: 3% yields at best
Financial news from Romania
Tuesday, 19 December 2006
The dividends the financial investment companies (SIF) will be able to grant next year from this year's income will not account for more than 3% in the price of
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Austria and Maldives, top holiday travel destinations
Financial news from Romania
Tuesday, 19 December 2006
Austria is the most popular travel destination during winter holidays, as a rising number of Romanians choose the Tyrol or Salzburg ski travel packages, according to the data released
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CEC worth less now than at the start of privatisation
Financial news from Romania
Tuesday, 19 December 2006
Assessing the value of CEC (Romanian Savings Bank) is now a more difficult task in the wake of its restructuring and the development of its business following its entrance
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Nuclearelectrica sees 34% surge in turnover
Financial news from Romania
Tuesday, 19 December 2006
Nuclearelectrica, the electrical power producer and operator of the Cernavoda-based nuclear power plant estimates turnover will amount to 255 million euros (899.5 million RON) in 2007, up 33.7% in
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Piraeus plans to double turnover
Financial news from Romania
Tuesday, 19 December 2006
The Greeks at Piraeus Bank have voiced ambitious plans for the bank's local branch, which should double its turnover in 2007. "We will double the number of clients, the
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Why has Blue Telecom's share offering failed?
Financial news from Romania
Tuesday, 19 December 2006
Businessman Catalin Chelu, one of the leading investors on the capital market, with significant stakes in SIFs, failed in his attempt to list CCC Blue Telecom, the third biggest
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Fabian raises money to buy 60m-euro buildings
Financial news from Romania
Tuesday, 19 December 2006
British investment fund Fabian, which includes two Bucharest office buildings in its portfolio, plans to acquire office building projects worth up to 60 million euros, as well as to
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Growing demand for power drives Transelectrica up to 683m euros
Financial news from Romania
Tuesday, 19 December 2006
National grid company Transelectrica has revised its revenue budget for this year upward, by 45%, to 683.2 million euros (2.4 billion RON), against the 468 million euros (1.63 billion
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